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20121226
20130103
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cuts to expire for everyone except those making under $250,000 a year. john boehner plan "b" making $1 million. this looked like president obama coming back with the same deal at 250. they are miles apart. >> kimberly: you were able to speak to people on the hill. what was your reaction? >> andrea: the president spread the stories that he will come to the table with a deal. swan dive off the fiscal cliff, hold your nose. we're going off. president obama wants to us go off hecht will come back with a largeer plan. the obama tax cut. then he will be able to reintate across-the-board sequestration cuts. 8.2% across the board. cut defense and health. they will be able to reintate a lot of programs and give his caucus the opportunity to say look, i am voting for something. i am voting to restore tax cuts for the middle class. voting to restore great thin things. republicans are in a tough position. no one will say vote to restore the tax cut for rich. this is his game plan from day one. >> eric: what is the a terptive? $250,000 and above? we see obama not oftenning cuts at all. looking for
full well that these negotiations which started with the president and speaker boehner, they are are ending now with senator mcconnell and vice president biden but within days aft election speaker boehner sent a letter to the president of the united states saying we just had a status quo election. that was from the speaker. inside the white house they didn't believe it was a status quo election. they believe the president won decisively and did get the mandate. house republicans believe they had a mandate to cut spending and the president believed he had a mandate to raise taxes. they will have the same clash two months from now. not just over the sequester which will be back in two months but in two months another clash over the debt ceiling. i'm not sure anybody wins tonight when they are kicking the can down the road again. nation will still be watching this closely. the markets will be watching it closely but the white house will believe in the days ahead that they won because in this fight the president in the end is getting the tax cuts for the middle class he wan
Search Results 0 to 1 of about 2